The Custodial definition
Examples of The Custodial in a sentence
The Custodial Account may contain funds that belong to one or more trust funds created for mortgage pass-through certificates of other series and may contain other funds respecting payments on mortgage loans belonging to the Master Servicer or serviced or master serviced by it on behalf of others.
The Custodial Account shall be established with a Qualified Depository.
The Custodial Account shall be established with a Qualified Depository acceptable to the Purchaser.
The Custodial Account shall be an Eligible Deposit Account established with an Eligible Institution.
The Custodial Account shall at all times be insured to the fullest extent allowed by applicable law.
The Custodial Account shall be maintained as a segregated account, separate and apart from trust funds created for mortgage pass-through certificates of other series, and the other accounts of the Servicer.
The Custodial Account shall be maintained as a segregated account, separate and apart from trust funds created for mortgage pass-through certificates of other series, and the other accounts of the Master Servicer.
The Custodial Account is maintained for the exclusive benefit of the Depositor and his or her beneficiary(ies).
The Custodial Account shall be established with a Qualified Depository acceptable to the Owner.
The Custodial Account may contain funds that belong to one or more trust funds created for mortgage pass-through certificates of other series and may contain other funds respecting payments on Mortgage Loans belonging to the Master Servicer or serviced or master serviced by it on behalf of others.